TRX/USDT – 30M – BUYThe pair Tron/Tether (TRX/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.2871 is expected.
Caution: A possible change in the direction of support at 0.2833 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle chart pattern is found. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2881 |
| 2nd High | 0.2873 |
| Next High | 0.2871 |
| Current Price | 0.286600000 |
| Next Low | 0.2833 |
| 2nd Low | 0.2824 |
| 3rd Low | 0.279 |
0.2871 – 0.2873 – 0.2871 – 0.2833 – 0.2844 – 0.2824 —
0.286700000 – 0.286600000 —
60.599078107545 – 56.910785066527 —
– —
0.2871 – 1772935200
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Belt Hold – – –